Lake Havasu City, AZ Real Estate
According to census data in the year 2000 there were 22,991 housing units in Lake Havasu City.
This represents a 79% growth from 12,845 in 1990.
Of those housing units, 21,957 were located in either urbanized areas or urban clusters, and 1,034 were located in what is classified as a rural area.
Homeownership rate in Lake Havasu City is about 77.7%.
Lake Havasu City's vacancy rate, including seasonal lodging, is about 22.2%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Lake Havasu City were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 6.90% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 54% |
| Four Bedrooms | 4.60% |
| Five Bedrooms or more | 0.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $98,500 |
| Median Price asked for vacant units | $101,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $476 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 51.20% |
| Debt Free | 33.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
